BRAS (WAR:BSA) Days Payable: 98.55 (As of Mar. 2026) — 33% Below Median


WAR:BSA BRAS SA WAR:BSA
43 GF Score
Price zł0.20
GF Value zł0.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is BRAS Days Payable?

BRAS WAR:BSA -2.86% 43 Days Payable is 98.55 as of Mar. 2026, which is 33% below its 10-year median of 148.16. GuruFocus rates WAR:BSA with a GF Score™ of 43/100 and a GF Value™ of zł0.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 481 Utilities - Regulated companies, BRAS ranks better than 65.28% on this metric.

BRAS's average Accounts Payable for the three months ended in Mar. 2026 was zł0.52 Mil. BRAS's Cost of Goods Sold for the three months ended in Mar. 2026 was zł0.48 Mil. Hence, BRAS's Days Payable for the three months ended in Mar. 2026 was 98.55.

The historical rank and industry rank for BRAS's Days Payable or its related term are showing as below:

WAR:BSA' s Days Payable Range Over the Past 10 Years
Min: 65.64   Med: 148.16   Max: 355.78
Current: 102.62

During the past 13 years, BRAS's highest Days Payable was 355.78. The lowest was 65.64. And the median was 148.16.

WAR:BSA's Days Payable is ranked better than
65.28% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs WAR:BSA: 102.62

BRAS's Days Payable increased from Mar. 2025 (86.60) to Mar. 2026 (98.55). It may suggest that BRAS delayed paying its suppliers.


BRAS Days Payable Historical Data

* Premium members only.

The historical data trend for BRAS's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BRAS Days Payable Chart

BRAS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.64 98.87 82.85 87.65 120.14

BRAS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.60 103.49 113.37 107.02 98.55

WAR:BSA vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, BRAS's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BRAS Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, BRAS's Days Payable distribution charts can be found below:

* The bar in red indicates where BRAS's Days Payable falls into.


WAR:BSA
43GF Score
BRAS SA WAR:BSA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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BRAS Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

BRAS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.546 + 0.454) / 2 ) / 1.519*365
=0.5 / 1.519*365
=120.14

BRAS's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.454 + 0.585) / 2 ) / 0.481*365 / 4
=0.5195 / 0.481*365 / 4
=98.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 98.55 mean?
BRAS (WAR:BSA) has a Days Payable of 98.55 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on BRAS and its competitors. This is 33% below median its historical median of 148.16. Over the past decade, BRAS's Days Payable has ranged from 65.64 to 355.78. According to the industry distribution chart, BRAS ranks #167 out of 481 companies in the Utilities - Regulated industry, placing it in the top 34.7%.
Is BRAS's Days Payable too high?
BRAS's current Days Payable of 98.55 is 33% below median its 10-year median of 148.16. Over the past 10 years, this metric has ranged from a low of 65.64 to a high of 355.78. The Utilities - Regulated industry median Days Payable is 70.35. BRAS's value of 98.55 is 40.1% above this industry median. Based on the distribution chart, BRAS ranks #167 out of 481 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, BRAS has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRAS's Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, BRAS ranks #167 out of 481 companies for Days Payable. This puts BRAS in the upper half of its industry. The industry median Days Payable is 70.35. BRAS's value of 98.55 is 40.1% above this benchmark. Historically, BRAS's own Days Payable has ranged from 65.64 to 355.78 over the past decade. While the company's 10-year median is 148.16 vs. the industry median of 70.35, BRAS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BRAS's current Days Payable of 98.55 is 40.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on BRAS and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRAS's current Days Payable is 98.55, which is 33% below median its own 10-year median of 148.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRAS stock overvalued right now?
Based on GuruFocus' analysis, BRAS (WAR:BSA) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.09, compared to a current price of zł0.20 — trading 126.7% above its estimated fair value. The current Days Payable is 98.55, which is 33% below median its 10-year median of 148.16 and 40.1% above the Utilities - Regulated industry median of 70.35. BRAS's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For BRAS (WAR:BSA), the current Days Payable is 98.55 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BRAS (WAR:BSA) Overvalued in 2026?

Based on GuruFocus' analysis, BRAS stock appears to be overvalued. The current stock price of zł0.20 is trading 126.7% above its estimated GF Value™ of zł0.09. GuruFocus considers BRAS to be Significantly Overvalued.

Key valuation signals for WAR:BSA:

  • Days Payable: 98.55 (33% below median its 10-year median of 148.16)
  • GF Value™: zł0.09 vs. price of zł0.20 (126.7% above fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 40.1% above the Utilities - Regulated median (#167 of 481)

No single metric tells the full story. See the WAR:BSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BRAS Business Description

Address Gronowa Street 22, Poznan, POL, 61-655
BRAS SA is engaged in the energy sector. The company focuses its activities on the trade and distribution of electricity and power generation from renewable sources and the production of bio-components. It also provides consulting services.
43GF Score

Get the complete analysis for WAR:BSA

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł0.20
Price
zł0.09
GF Value